O Shaughnessy Asset Management LLC boosted its stake in Deckers Outdoor Corp (NYSE:DECK) by 83.5% during the 3rd quarter, Holdings Channel reports. The fund owned 104,555 shares of the textile maker’s stock after acquiring an additional 47,575 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Deckers Outdoor were worth $12,344,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Marshall Wace LLP bought a new position in shares of Deckers Outdoor during the 2nd quarter worth approximately $31,126,000. Acadian Asset Management LLC boosted its holdings in shares of Deckers Outdoor by 91.3% during the 3rd quarter. Acadian Asset Management LLC now owns 311,665 shares of the textile maker’s stock worth $36,957,000 after buying an additional 148,723 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Deckers Outdoor by 30.9% during the 2nd quarter. Renaissance Technologies LLC now owns 575,100 shares of the textile maker’s stock worth $64,923,000 after buying an additional 135,900 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Deckers Outdoor by 110.7% during the 2nd quarter. Wells Fargo & Company MN now owns 177,876 shares of the textile maker’s stock worth $20,080,000 after buying an additional 93,439 shares in the last quarter. Finally, FMR LLC boosted its holdings in shares of Deckers Outdoor by 13.2% during the 2nd quarter. FMR LLC now owns 703,314 shares of the textile maker’s stock worth $79,397,000 after buying an additional 82,214 shares in the last quarter.

A number of equities analysts have issued reports on DECK shares. ValuEngine upgraded Deckers Outdoor from a “hold” rating to a “buy” rating in a report on Wednesday, October 17th. Canaccord Genuity set a $137.00 price target on Deckers Outdoor and gave the stock a “buy” rating in a report on Friday, July 27th. Piper Jaffray Companies increased their price target on Deckers Outdoor from $99.00 to $125.00 and gave the stock a “hold” rating in a report on Friday, July 27th. Jefferies Financial Group restated a “hold” rating and set a $116.00 price target on shares of Deckers Outdoor in a report on Friday, July 27th. Finally, Stifel Nicolaus cut Deckers Outdoor from a “buy” rating to a “hold” rating and increased their price target for the stock from $120.00 to $123.00 in a report on Friday, July 27th. They noted that the move was a valuation call. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $116.07.

In related news, Director John Mersman Gibbons sold 3,000 shares of the stock in a transaction on Friday, November 9th. The stock was sold at an average price of $134.00, for a total value of $402,000.00. Following the completion of the sale, the director now directly owns 28,663 shares of the company’s stock, valued at approximately $3,840,842. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO David Powers sold 1,500 shares of the stock in a transaction on Wednesday, October 31st. The shares were sold at an average price of $128.31, for a total value of $192,465.00. Following the completion of the sale, the chief executive officer now directly owns 66,047 shares of the company’s stock, valued at $8,474,490.57. The disclosure for this sale can be found here. Insiders have sold 6,250 shares of company stock worth $821,965 over the last ninety days. 0.40% of the stock is owned by insiders.

Shares of NYSE:DECK opened at $134.11 on Friday. The company has a current ratio of 2.41, a quick ratio of 1.26 and a debt-to-equity ratio of 0.04. Deckers Outdoor Corp has a twelve month low of $66.48 and a twelve month high of $137.49. The company has a market cap of $4.07 billion, a PE ratio of 19.69, a PEG ratio of 1.75 and a beta of 0.85.

Deckers Outdoor (NYSE:DECK) last issued its earnings results on Thursday, October 25th. The textile maker reported $2.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.72 by $0.66. Deckers Outdoor had a return on equity of 23.27% and a net margin of 7.69%. The company had revenue of $501.91 million for the quarter, compared to analyst estimates of $496.22 million. During the same period in the prior year, the firm earned $1.54 earnings per share. Equities analysts predict that Deckers Outdoor Corp will post 6.82 EPS for the current fiscal year.

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About Deckers Outdoor

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities. It offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and footwear under the Sanuk brand name.

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Want to see what other hedge funds are holding DECK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deckers Outdoor Corp (NYSE:DECK).

Institutional Ownership by Quarter for Deckers Outdoor (NYSE:DECK)

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